Blockbuster About To File For Bankruptcy As Physical Media Continues To Collapse

Link: Blockbuster About To File For Bankruptcy As Physical Media Continues To Collapse

“Blockbuster, the long ailing brick and mortar video rental store is in free fall and according to recent reporting is sprinting towards bankruptcy. The company’s debt situation, massively under-performing store network, and antiquated business model have left the firm with few options and a desperate time table.”

by @Alex on @TheNextWeb